Does GDP Revision Lead To Positive Revision In Outlook For Future Oil Prices?

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Stocks were not the only beneficiary of today’s revised 2Q-2015 GDP report which indicated that the US economy grew at 3.7% rate. WTI Crude Oil prices responded positively to the news as well. This has led some commodity energy analysts to rethink their assessment for future oil prices. Other bullish developments to consider are: